How Is a Director Removed?

Generally, the Board of Directors of a company acts as an agent for the management of the company as a whole, working on behalf of its shareholders and shareholders as a whole. As a result of the Companies Act, of 2013, they now have certain powers to manage the company effectively. Among these important powers is the ability to remove a director from office. Are Directors Removable on What Grounds? A director can be removed from his/her position by the shareholders for the following reasons: A director who has become insolvent A director was convicted of a crime and sentenced […]